Property Description
Established Downtown Business & Investment Opportunity! This 3,620 sq ft restaurant/bar features an inviting covered front entrance and a functional layout offering a kitchen (kitchen equipment not included in the sale), office, storage room, pantry, bar, two half baths and three serving areas. A large privacy-fenced outdoor dining area adds even more appeal for seasonal dining and entertaining. The property is currently occupied by a well-established restaurant/bar tenant, offering a potential opportunity for the new owner to continue the existing lease and benefit from rental income. An easement for additional off-site parking across the street adds convenience for customers and guests. The adjoining commercial office building, featuring two separate rental spaces, is also available for sale, creating an opportunity to expand your commercial investment in downtown Pine City!
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 66.5x30.5x6.4x25.5x7.9x16.75x66.5x72.75
Roof Type: Age Over 8 Years, Flat, Rubber
Stories: 1.0
Taxes: $7,650
Year Built: 1957
Feature Descriptions
Appliances: None
Basement: Partial
Current Use: Restaurant
Days on Site: 6
Exterior: Block, Frame
Foundation Size: 3620
Handicap Accessible: Doors 36+, Grab Bars In Bathroom, Door Lever Handles, No Stairs External, No Stairs Internal, Partially Wheelchair
Lot: Corner Lot, Zero Lot Line
Lot Dimensions: 66.5x30.5x6.4x25.5x7.9x16.75x66.5x72.75
Owners Expense: Exterior Maintenance, Insurance, Roof Maintenance, Taxes, Trash Collection
Parcel#: 0425436001
Parking: Off Site
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Storm Sewer
Sale Includes: Building, Land
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities, Common Area Maintenance, Electricity, Gas, Heat, Hot Water, HVAC Maintenance, Janitorial Service, Maintenance, Sewer, Water
Units: 1
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected
Local Schools
School District: Pine City
Listed By / Shown By
Listed By
Agency Name: Edina Realty, Inc.
Agency Phone: 952-920-1960
Shown By
Agent Name: Bryan Cole
Agent Phone: (507) 398-3907
Agency Title: Counselor Realty
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515 8th Avenue Se | MLS# 7169168
This commercial property located at 515 8th Avenue Se, Pine City, MN 55063 is currently listed for sale with an asking price of $225,000. 8th Avenue Se is located within the Pine City school district. Search Pine City real estate on bcole.counselorrealtyofrochester.com today.